The Estée Lauder Companies Inc. (NYSE:EL) Shares Sold by AlphaMark Advisors LLC

AlphaMark Advisors LLC trimmed its position in shares of The Estée Lauder Companies Inc. (NYSE:EL) by 20.6% during the fourth quarter, HoldingsChannel reports. The fund owned 2,230 shares of the company’s stock after selling 580 shares during the quarter. AlphaMark Advisors LLC’s holdings in Estée Lauder Companies were worth $167,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors have also recently added to or reduced their stakes in EL. Eagle Bay Advisors LLC boosted its holdings in Estée Lauder Companies by 297.0% in the 4th quarter. Eagle Bay Advisors LLC now owns 401 shares of the company’s stock valued at $30,000 after purchasing an additional 300 shares in the last quarter. Ashton Thomas Securities LLC acquired a new stake in shares of Estée Lauder Companies in the 3rd quarter valued at approximately $31,000. Kimelman & Baird LLC purchased a new stake in shares of Estée Lauder Companies in the second quarter valued at approximately $32,000. MassMutual Private Wealth & Trust FSB grew its holdings in Estée Lauder Companies by 42.1% during the fourth quarter. MassMutual Private Wealth & Trust FSB now owns 476 shares of the company’s stock worth $36,000 after acquiring an additional 141 shares during the period. Finally, Ecofi Investissements SA purchased a new position in Estée Lauder Companies in the second quarter worth $53,000. 55.15% of the stock is owned by hedge funds and other institutional investors.

Estée Lauder Companies Stock Performance

NYSE:EL opened at $82.58 on Friday. The company has a debt-to-equity ratio of 1.44, a current ratio of 1.32 and a quick ratio of 0.90. The firm has a market cap of $29.64 billion, a PE ratio of 147.46, a P/E/G ratio of 5.60 and a beta of 1.02. The firm has a 50 day simple moving average of $75.37 and a 200-day simple moving average of $84.72. The Estée Lauder Companies Inc. has a 1-year low of $62.29 and a 1-year high of $159.75.

Estée Lauder Companies (NYSE:EL) last issued its quarterly earnings results on Thursday, October 31st. The company reported $0.14 earnings per share for the quarter, beating the consensus estimate of $0.09 by $0.05. Estée Lauder Companies had a return on equity of 17.31% and a net margin of 1.31%. The company had revenue of $3.36 billion during the quarter, compared to the consensus estimate of $3.37 billion. During the same period in the previous year, the firm posted $0.11 EPS. Estée Lauder Companies’s revenue was down 4.5% on a year-over-year basis. On average, equities analysts expect that The Estée Lauder Companies Inc. will post 1.51 EPS for the current year.

Estée Lauder Companies Cuts Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, December 16th. Investors of record on Friday, November 29th were given a dividend of $0.35 per share. The ex-dividend date of this dividend was Friday, November 29th. This represents a $1.40 annualized dividend and a yield of 1.70%. Estée Lauder Companies’s dividend payout ratio (DPR) is presently 250.00%.

Insiders Place Their Bets

In other news, CEO Fabrizio Freda sold 10,969 shares of the business’s stock in a transaction on Friday, November 1st. The shares were sold at an average price of $67.76, for a total transaction of $743,259.44. Following the completion of the sale, the chief executive officer now directly owns 295,838 shares of the company’s stock, valued at $20,045,982.88. The trade was a 3.58 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, Director Paul J. Fribourg bought 75,500 shares of the business’s stock in a transaction that occurred on Monday, November 18th. The stock was purchased at an average cost of $64.93 per share, for a total transaction of $4,902,215.00. Following the completion of the transaction, the director now directly owns 310,000 shares in the company, valued at approximately $20,128,300. This trade represents a 32.20 % increase in their position. The disclosure for this purchase can be found here. 12.78% of the stock is owned by corporate insiders.

Analyst Ratings Changes

Several brokerages have commented on EL. Morgan Stanley decreased their target price on shares of Estée Lauder Companies from $100.00 to $85.00 and set an “equal weight” rating on the stock in a research report on Friday, November 1st. Deutsche Bank Aktiengesellschaft decreased their price objective on shares of Estée Lauder Companies from $80.00 to $78.00 and set a “hold” rating on the stock in a report on Wednesday. Piper Sandler upped their target price on shares of Estée Lauder Companies from $89.00 to $91.00 and gave the stock an “overweight” rating in a research report on Monday, January 6th. StockNews.com downgraded shares of Estée Lauder Companies from a “buy” rating to a “hold” rating in a research report on Tuesday, October 1st. Finally, Telsey Advisory Group restated a “market perform” rating and issued a $105.00 price target on shares of Estée Lauder Companies in a report on Thursday, October 31st. Twenty research analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. Based on data from MarketBeat, Estée Lauder Companies presently has a consensus rating of “Hold” and an average target price of $93.68.

About Estée Lauder Companies

The Estée Lauder Companies Inc manufactures, markets, and sells skin care, makeup, fragrance, and hair care products worldwide. It offers skin care products, including moisturizers, serums, cleansers, toners, body care, exfoliators, acne care and oil correctors, facial masks, and sun care products; and makeup products, such as lipsticks, lip glosses, mascaras, foundations, eyeshadows, and powders, as well as compacts, brushes, and other makeup tools.